Geek Native isn’t a finance blog, can’t give financial advice, and so I nearly hit delete when I got the “Hey, notice us!” email from Money.co.uk‘s content/pr/outreach agency.
Sounds grumpy, huh? Bloggers are flooded by such emails every day. There’s a vast oversupply and not the demand for them. And no, Geek Native does not sell links but does use affiliate codes.
What actually made me stop and pause was GameStop. I think we all remember when the GameStop share rally happened. Gamers stuck it to big business, and then, sorry to say, it looked like everyone piled on, and it became another soulless money melee.
Was GameStop going to be in the investment team’s compiled list of top gaming stocks?
It turns out that I recognise some of the names, but many are completely unknown to me. How well do you do with them?
|Rank||Ticker||Company Name||Stock Price (current)||Stock Price |
(12 months ago)
|1||AVID||Avid Technology, Inc.||25.72||7.45||245.23%|
|3||SLGG||Super League Gaming, Inc.||4.13||1.76||134.66%|
|4||GMBL||Esports Entertainment Group Inc||8.79||3.87||127.13%|
|5||CRSR||Corsair Gaming Inc||28.66||14.25||101.12%|
|6||Bili||Bilibili Inc – ADR||85.95||44.39||93.62%|
|9||HEAR||Turtle Beach Corp||28.52||16.99||67.86%|
Here’s my score. I’m currently using a Corsair PC, recognise NVIDIA, Turtle Beach and Microsoft.
Salman Haqqi, a personal finance expert at Money.co.uk, provided a quote with the outreach. So, Geek Native can’t offer expert insight, so here’s some I’m allowed to use.
During the pandemic, we saw many gaming companies make huge profits after a surge in demand for video games. Nintendo was a prime example of this.
While existing names like EA and Capcom are seeing renewed and steady growth, it’s the up and comers and disruptors in the industry that may make a big change in the industry over the next year or so. UFL, a new free-for-all online football simulation, is hoping to rival the existing mammoths such as Fifa (EA) and PES. Produced by Strikerz Inc., it’s an indication of the disruption that faces the gaming industry in the near future. Esports brands such as Esports Entertainment Group continue to see rises in their stock price compared with September 2020.
However, as with every investment – putting money into gaming stock comes with it’s risks. Despite analysts and experts opinions, events such as the recent controversy with Activision Blizzard show that no stock is foolproof, and with every investment comes risk.
Additionally, flagship brands such as NVIDIA are seeing renewed confidence from investors, regaining the title of the world’s most valuable semiconductor company.”
Photograph credit: Jeremy Bezanger.
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